Amazon Stock
A Fast-Growing E-Commerce Stock That’s Not Amazon Over the past decade, the e-commerce industry has been growing rapidly, and the COVID-19 pandemic has only added fuel to the fire. When numerous brick-and-mortar retailers had to close during lockdowns, consumers had no choice but to go to online vendors.…
Tech Stocks on the Rise It's an uncomfortable fact of the stock market that the fortunes of Wall Street aren't always reflected on Main Street. Put differently, just because personal wealth, employment, or finances across the country may be in shambles, that doesn't necessarily mean the stock market…
AMZN Stock: No Stopping This Internet Powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is getting attacked from all angles, namely retailers, who blame the company for their woes, and governments, who are concerned about Amazon's large influence in retail and the cloud. AMZN stock is down 9.5% over the past month,…
AMZN Stock: Bearish Signals Continue to Mount In September, Amazon.com, Inc. (NASDAQ:AMZN) reached a coveted milestone by becoming only the second company to ever reach a $1.0-trillion valuation. It was not a coincidence that the markets followed suit by forging new highs of their own; AMZN stock is a…
Amazon to Further Expand Its Physical Retail Presence? Technology stocks took some serious losses in the recent market sell-off. Amazon.com, Inc. (NASDAQ:AMZN) happened to be one of them. After reaching $1.0 trillion in market capitalization in September 2018, AMZN stock started a downward journey, plunging more than 20%…
Jeff Bezos Is the New Warren Buffett Regular readers of Profit Confidential know that I frequently compare Jeff Bezos, CEO and founder of Amazon.com, Inc. (NASDAQ:AMZN), to legendary investor Warren Buffett. They have the same gift—an eye for value. Buffett used his talents to amass the greatest investing…
Momentum Is Required for AMZN Stock to Stage an Advance The resilience of this stock market is impeccable. Equity markets around the world are forging new all-time highs, and there's little to suggest that the trend toward higher stock prices is going to end anytime soon—especially when heavyweight…